Anas TradePro
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Anas TradePro
Trader | Market Analysis | Trading Insights
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๐จ Billions in Shorts Could Be at Risk
Bitcoin & Ethereum are approaching key liquidation zones, with billions of dollars in short positions potentially exposed if prices push higher.
$BTC: A strong move above key resistance could trigger billions in short liquidations.
$ETH: Ethereum is also sitting near a major zone where a sharp upside move could force short sellers to close their positions.
Together, these positions could create a massive short squeeze, adding fuel to an already strong market move.
If the breakout comes, shorts could become the fuel for the rally.
#Bitcoin #BTC #Ethereum #ETH #Crypto
Bitcoin & Ethereum are approaching key liquidation zones, with billions of dollars in short positions potentially exposed if prices push higher.
$BTC: A strong move above key resistance could trigger billions in short liquidations.
$ETH: Ethereum is also sitting near a major zone where a sharp upside move could force short sellers to close their positions.
Together, these positions could create a massive short squeeze, adding fuel to an already strong market move.
If the breakout comes, shorts could become the fuel for the rally.
#Bitcoin #BTC #Ethereum #ETH #Crypto
๐จ PREMARKET MOVES: Stocks Making Big Moves
U.S. premarket trading is seeing some major moves following earnings and clinical-trial updates:
Snowflake (SNOW) +24%
Snowflake jumped after beating Q2 earnings and revenue expectations and raising its full-year product revenue outlook.
Ultragenyx (RARE) -46%
Shares plunged after its Phase 3 Angelman syndrome drug trial failed to meet its primary endpoint.
Other notable movers:
โข Datadog +5%
โข Petco +9%
โข Netskope +12%
โข Five Below +4.5%
โข Argan +7.5%
โข Broadcom -2.5%
โข Campbellโs -7%
โข Victoriaโs Secret -18%
โข NetApp -8%
$Market Take:
Earnings results and company guidance continue to create strong volatility across U.S. stocks. Traders should watch whether these premarket moves hold after the market opens.
#StockMarket #Stocks #Trading #WallStreet #crypto
U.S. premarket trading is seeing some major moves following earnings and clinical-trial updates:
Snowflake (SNOW) +24%
Snowflake jumped after beating Q2 earnings and revenue expectations and raising its full-year product revenue outlook.
Ultragenyx (RARE) -46%
Shares plunged after its Phase 3 Angelman syndrome drug trial failed to meet its primary endpoint.
Other notable movers:
โข Datadog +5%
โข Petco +9%
โข Netskope +12%
โข Five Below +4.5%
โข Argan +7.5%
โข Broadcom -2.5%
โข Campbellโs -7%
โข Victoriaโs Secret -18%
โข NetApp -8%
$Market Take:
Earnings results and company guidance continue to create strong volatility across U.S. stocks. Traders should watch whether these premarket moves hold after the market opens.
#StockMarket #Stocks #Trading #WallStreet #crypto
๐จ $ETH โ IS A BIG MOVE COMING? Ethereum remains one of the strongest blockchain ecosystems in the crypto market, with major use cases across DeFi, smart contracts, Layer-2 networks and Web3. ๐ฅ Why I'm Watching $ETH: โ
Strong ecosystem โ
Continuous network upgrades โ
Growing Layer-2 adoption โ
Long-term utility โ
Strong position in the crypto market ๐ Bullish Case: If market conditions remain positive and Ethereum adoption continues to grow, $ETH could have strong long-term upside potential. โ ๏ธ Risk: Crypto is highly volatile. A major BTC correction or negative market sentiment could push ETH lower. ๐ฏ My View: Ethereum is definitely an asset worth watching โ but don't chase pumps. Risk Management > FOMO. ๐ง ๐ฌ Whatโs your view on $ETH? ๐ Bullish | ๐ Bearish | โณ Waiting #Ethereum #ETH #crypto #Binance #cryptotrading
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